Hewlett Packard Enterprise Company $HPE Shares Purchased by Saudi Central Bank

Saudi Central Bank boosted its stake in shares of Hewlett Packard Enterprise Company (NYSE:HPE) by 88.6% during the second quarter, HoldingsChannel.com reports. The firm owned 92,880 shares of the technology company’s stock after acquiring an additional 43,621 shares during the period. Saudi Central Bank’s holdings in Hewlett Packard Enterprise were worth $4,190,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in HPE. Angeles Wealth Management LLC purchased a new stake in shares of Hewlett Packard Enterprise during the 2nd quarter valued at $235,000. Compass Financial Management LLC acquired a new position in Hewlett Packard Enterprise in the second quarter valued at $63,000. AlphaGrep UK Ltd purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $441,000. Highland Investment Advisors LLC purchased a new stake in Hewlett Packard Enterprise during the second quarter valued at about $94,000. Finally, Turner Financial Group Inc. acquired a new stake in Hewlett Packard Enterprise during the second quarter worth about $226,000. Institutional investors and hedge funds own 80.78% of the company’s stock.

Insider Transactions at Hewlett Packard Enterprise

In other news, SVP Kirt Karros sold 18,785 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $48.50, for a total transaction of $911,072.50. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.44% of the stock is owned by company insiders.

Hewlett Packard Enterprise Trading Down 0.1%

Shares of HPE opened at $51.96 on Monday. The stock’s 50-day moving average is $49.95 and its two-hundred day moving average is $37.89. The stock has a market cap of $68.97 billion, a PE ratio of 27.06, a P/E/G ratio of 0.51 and a beta of 1.43. Hewlett Packard Enterprise Company has a 12 month low of $19.84 and a 12 month high of $64.25. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.11 and a quick ratio of 0.72.

Hewlett Packard Enterprise (NYSE:HPE) last issued its earnings results on Wednesday, September 2nd. The technology company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.18. The company had revenue of $12.21 billion during the quarter, compared to the consensus estimate of $11.97 billion. Hewlett Packard Enterprise had a return on equity of 15.50% and a net margin of 6.60%.The company’s revenue was up 33.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.44 earnings per share. Hewlett Packard Enterprise has set its Q4 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 3.750-3.850 EPS. Equities analysts forecast that Hewlett Packard Enterprise Company will post 3.03 earnings per share for the current fiscal year.

Hewlett Packard Enterprise Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Shareholders of record on Thursday, September 17th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Thursday, September 17th. This represents a $0.57 annualized dividend and a yield of 1.1%. Hewlett Packard Enterprise’s dividend payout ratio (DPR) is 29.69%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Loop Capital upgraded Hewlett Packard Enterprise from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.00 to $75.00 in a report on Tuesday, June 2nd. Raymond James Financial boosted their target price on Hewlett Packard Enterprise from $74.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday. Barclays increased their target price on shares of Hewlett Packard Enterprise from $67.00 to $79.00 and gave the stock an “overweight” rating in a research report on Thursday. Bank of America lifted their price target on shares of Hewlett Packard Enterprise from $80.00 to $82.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Hewlett Packard Enterprise from $37.00 to $68.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 2nd. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $69.44.

Key Hewlett Packard Enterprise News

Here are the key news stories impacting Hewlett Packard Enterprise this week:

• Positive Sentiment: HPE reported fiscal third-quarter adjusted earnings of $1.11 per share, well above the roughly $0.95 consensus estimate, while revenue rose 33.7% year over year to $12.21 billion. HPE Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised fiscal 2026 EPS guidance to $3.75–$3.85, above the $3.34 consensus, and forecast fiscal 2026 revenue of $46 billion–$47 billion. It also projected fiscal 2027 revenue growth of 13%–17%, supported by record orders, backlog and expanding enterprise AI demand. HPE raises FY27 outlook on agentic AI demand
• Positive Sentiment: Networking is emerging as a major growth driver: networking revenue increased 75% year over year, with routing revenue reportedly up 270%. HPE’s expanded Oracle relationship, including warrants tied to a large AI-infrastructure deployment, could help secure longer-term demand. HPE and Oracle deepen networking collaboration
• Neutral Sentiment: Analyst opinion remains mixed. Argus, Citi, Truist, Barclays and Raymond James raised targets or maintained bullish ratings, while Piper Sandler, UBS and Wells Fargo retained cautious views or reduced targets. Raymond James set the highest cited target at $86.
• Neutral Sentiment: HPE will host a Networking Investor Day on September 30, which may provide additional detail on the Juniper integration, networking margins and AI infrastructure growth.
• Negative Sentiment: Investors are concerned that component shortages could limit near-term shipments and pressure margins as AI systems represent a larger portion of sales. Those concerns overshadowed the earnings beat and raised outlook, causing HPE’s shares to decrease while semiconductor peers performed better. Why is HPE stock falling despite stronger results?

Hewlett Packard Enterprise Company Profile

Hewlett Packard Enterprise (HPE) is an enterprise technology company that designs, develops and sells IT infrastructure, software and services for business and government customers. Its core offerings span servers, storage, networking, and related software, together with consulting, integration and support services aimed at modernizing and managing enterprise IT environments. HPE’s product portfolio includes systems for traditional data centers as well as solutions for high-performance computing, edge computing and telecommunications infrastructure.

A major focus for HPE is hybrid cloud and consumption-based IT.